Financial back-up when you need it most.
ServiceNow provides all eligible employees with Short and Long Term Disability Insurance. When you are ill or injured and unable to work, disability insurance provides replacement income, so you can focus on what matters most: healing. Each plan has different vendors and nuances, so read up to make sure you know exactly how you’re covered.
Short term disability (STD)
Replaces 70% of your weekly salary, up to $2,600 per week for up to 180 days. The benefit begins eight days from the initial date of your disability. The benefit is based on your pay as of your last day of full-time work. The Larkin Company provides this coverage for ServiceNow employees.
Summary Plan Descriptions:
Long term disability (LTD)
Replaces 60% of your monthly salary after the 180th day of your disability. LTD pays up to $20,000 per month, reduced by any other sources of disability income you receive. The value of the premium is added to your taxable income so that any benefit you receive will be non-taxable. Prudential is ServiceNow’s vendor for LTD coverage.